{"id":376,"date":"2023-10-09T19:35:46","date_gmt":"2023-10-09T19:35:46","guid":{"rendered":"https:\/\/www.morganintl.com\/?p=376"},"modified":"2024-02-14T09:24:18","modified_gmt":"2024-02-14T09:24:18","slug":"this-is-your-ultimate-cpa-study-plan","status":"publish","type":"blog","link":"https:\/\/www.morganintl.com\/en\/blog\/this-is-your-ultimate-cpa-study-plan","title":{"rendered":"This is your Ultimate CPA Study Plan"},"content":{"rendered":"\n

The accounting field is currently undergoing a significant transformation, and in line with these changes, the CPA exam has evolved to meet the rapidly changing market needs. Within this shifting landscape, three distinct discipline tracks have emerged as key focal points in the CPA exam: Business Analysis & Reporting, Information Systems and Controls, Tax Compliance and Planning instead of the BEC Exam and alongside the major core subjects (FAR, AUD, REG). Each of these tracks assumes a significant role in shaping the future of accounting. These tracks offer specialized expertise critical for addressing the changing demands of both businesses and clients in the continuously evolving financial arena.<\/p>\n\n\n\n

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Which track suits you best? <\/h3>\n

Before creating your study plan, it’s crucial to identify the right career track that aligns with your prospects and needs. So, which track suits you best?  <\/p>\n<\/div>\n<\/section>\n\n\n\n

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Business Analysis and Reporting (BAR) <\/a>\n
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Expected study time: <\/strong>100-120 hours (includes foundation of economics)  
Multiple choice questions: 50 
Task based simulations: 7<\/p>\n

Focus<\/u>:  <\/strong>
Business Analysis (40-50%)  
Technical Accounting and reporting (35-45%) 
State and local governments (10-20%) <\/p>\n<\/div>\n<\/div>\n<\/div>\n

Tax Compliance and Planning (TCP)<\/a>\n
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Expected study time: 60-80 hours (includes foundation of tax)  
Multiple choice questions: 68 
Task based simulations: 7 <\/p>\n

Focus<\/u>:  
Tax compliance and planning for individuals and personal financial planning (30-40%)  
Entity Tax Compliance (30-40%) 
Entity Tax Planning (10-20%) 
Property transactions (disposition of assets) (10-20%) <\/p>\n<\/div>\n<\/div>\n<\/div>\n

Information Systems and Controls (ISC) <\/a>\n
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Expected study time: 60-80 hours (includes foundation of information system)  
Multiple choice questions: 82 
Task based simulations: 6 <\/p>\n

Focus<\/u>:  
Information Systems and Data Management (35-45%)  
Security, Confidentiality and Privacy (35-45%) 
Considerations for System and Organization Controls (SOC) Engagements (15-25%)<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n

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Want to know more?<\/h3>\n

Register for our webinar on October 18th 2023 at 6:00PM EEST to hear all about the CPA Exam changes<\/p>\n<\/div>\n

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Book my spot!<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n

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The Ultimate CPA Study Guide<\/h3>\n

You can choose any study plan you wish, but here is what Morgan and Becker advise you for your study plan according to your discipline track:  <\/p>\n<\/div>\n<\/section>\n\n\n\n

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Business Analysis & Reporting<\/h5>\n
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The reason we recommend this sequence in specific is for the very fact that:<\/p>\n